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प्रश्न
Partnership Firm is a trading concern.
पर्याय
Agree
Disagree
MCQ
चूक किंवा बरोबर
उत्तर
I Agree with the given statement.
Explanation:
A partnership firm is a trading concern as it is formed with the objective of carrying out business and earning profits. In a partnership, two or more individuals come together to conduct business activities, share profits, and bear losses as per the agreed ratio. Since trading concerns are those engaged in buying and selling goods or services for profit, a partnership firm qualifies as one.
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या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Introduction to Partnership and Partnership Final Accounts - Exercise 1.1 (Objective Questions) [पृष्ठ ५३]